Projects
Dominican Republic
Capacity
160 MW
Feedstock
2,000+ mT/day processed
Offtake
Long-term PPA executed
Overview
What is being built, and why here.
Circon began engagement in the Dominican Republic in 2021 and holds an executed power purchase agreement signed in 2023.
Our team on the ground is led by Hatuey De Camps García, General Manager for the Dominican Republic, with regional oversight from Fermín Fontanés, Executive Director for Latin America.
A national commitment to green energy and a waste stream that has outgrown its infrastructure make this the clearest near-term market in the region.
Milestones
Dated, and checkable.
- 2021Engagement begins in the Dominican Republic with the owners of the Waste and Power Concessions which authorize an energy project to divert waste from landfill and generate combined cycle power in EcoParque Rafey Santiago
- 2022Circon Energy Spanish Company (CESC) formed to hold Circon ownership in the project and afford protections under the bilateral investment treaty between Spain and the Dominican Republic
- 2022Engagement with Moelis & Company to provide project modeling and investment banking services
- 2023Fifteen-year Power Purchase Agreement executed between EdeNorte and Green Wheels Dominicana
- 2024CESC acquires majority and controlling interests of Green Wheels Dominicana
- 2024CESC establishes GWD Renewables for the manufacture of renewable commodities
- 2025Engagement with Fluor to complete all pre-project financial closing design and engineering activities
- 2025Secured final land needed to execute the project
- 2025Engagement with CAMS to provide O&M advisory support for development and design activities
- 2026Environmental and Social Impact Assessment completed and submitted
- 2026Engagement with HAGECO to provide local engineering and construction support
- 2026Circon FTZ formed to be operator of Free-Trade Zone for renewable commodities
- 2022–2026Ongoing project development work: substantial engagement with government authorities regarding permitting, customs and project execution, establishing relationships with the local business community, working for contingent sources of feedstock, planning for construction permitting, identification of and engagement with an EPC contractor and major OEM equipment suppliers, engaging logistics and customs planning support, and continuing engagement with legal, tax and permitting advisors
Full project record
The record, as far as disclosure allows.
01
Regional context
A national commitment to green energy alongside a waste stream that has outgrown the infrastructure built to handle it. The facility takes material that currently has nowhere to go and turns it into firm generation for a grid that needs it.
02
Technical configuration
Design capacity is 160 MW of generation, with the commodity manufacturing facility processing more than 2,000 metric tonnes per day of feedstock. These are design figures, not operating results.
03
Commercial structure
The project's revenue foundation is contracted. Electricity will be sold to a Dominican state-owned distribution utility under a fifteen-year power purchase agreement executed in 2023. Feedstock is secured under a municipal waste concession and supplemental supply agreements providing up to 2,000 metric tonnes per day. The project companies hold the power concession granted by the Dominican government, environmental authorization from the Ministry of Environment and Natural Resources, and interconnection rights approved by ETED, the national grid operator.
04
Community and environment
The process is not incineration: no waste is burned. The facility starts with 100% waste and leaves less than 1% residual by weight. Operating the facility takes several hundred permanent skilled roles, with several times that number again across the local supply chain that grows around it — hired overwhelmingly in-country, and lasting the life of the asset rather than the length of the build.
Project enquiries
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